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Mar 22, 2013
03/13
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FBC
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the law undream line of what was supposed to be a tax piece. it restores my of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a sham. it is another thing for them to prove that it is an even bigger sham. they are darn near inbred watching politicians who continue to say that we don't have a spending problem. and one that is only trying slow down the growth of the spending. fair and balanced. try over and out. dick armey says that he is over the top of the house of representatives. i am not saying give republicans a pass. i am saying to treat them equally and with the same ferocity. and i do not. >> thing that is most frightening about what you just read is that this has become the
the law undream line of what was supposed to be a tax piece. it restores my of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a...
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Mar 26, 2013
03/13
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dagen: tax increases. we can talk about the health care taxes that increased this year and that will be a drag on the economy. >> that's the prevailing wisdom. payroll tax, you know, went back into effect and that was thought to have a prohibitive effect on spending. we haven't seen it to the degree many feared. then you use the reverse argument. if taxes didn't go up and if these top income rates and other surcharges for health care didn't kick in, would the economy do better? we'll never really know but we already know that a lot of people are sort of playing loose when it comes to their own medical coverage about what medical options they're going to take and what plans they're going to take and as we've seen from our own premiums here, they go up and they go up pretty smartly here. and we work for a benevolent boss two drives to limit the increases but the fact of the matter is, they're nationwide and a clear and direct result of a lot of these new laws kicking in and new requirements kicking in. conne
dagen: tax increases. we can talk about the health care taxes that increased this year and that will be a drag on the economy. >> that's the prevailing wisdom. payroll tax, you know, went back into effect and that was thought to have a prohibitive effect on spending. we haven't seen it to the degree many feared. then you use the reverse argument. if taxes didn't go up and if these top income rates and other surcharges for health care didn't kick in, would the economy do better? we'll...
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130
Mar 19, 2013
03/13
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FBC
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. and apply online. ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> the white house sent out a memo saying the easter egg roll may be canceled because of the cuts. for 134 years, children rolled eggs down the white house lawn and celebrated a christian festival at
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with...
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90
Mar 22, 2013
03/13
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when you raise taxes, people will not smoke. they will not pay the taxes. as a trade, you can make some money. jon corzine rolled the dice with short term, i it was italian bonds and spanish bonds. his dad turned out money good. people lost confidence in his ability to make money. at some point, though, this is what the smart money is doing. at some point, it is buying bonds coming out of greece. buying on pennies on the dollar. they are making some cash out of it. charlie: it is a risk. melissa: charlie gasparino, thank you very much. >> a marathon session in the senate today. melissa: the companies new blackberry hitting store shelves today. >> putting the madness in march madness. pulling off the first major upset of the ncaa tournament. melissa is excited. melissa: i am. >> do we need to tell you who won that game? melissa: no. ♪ how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot ke
when you raise taxes, people will not smoke. they will not pay the taxes. as a trade, you can make some money. jon corzine rolled the dice with short term, i it was italian bonds and spanish bonds. his dad turned out money good. people lost confidence in his ability to make money. at some point, though, this is what the smart money is doing. at some point, it is buying bonds coming out of greece. buying on pennies on the dollar. they are making some cash out of it. charlie: it is a risk....
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Mar 19, 2013
03/13
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40% of all individuals tax returns. it is a hugely popular deduction for money i mayans of homeownery year. it could be changing in a big way which might have a big impact on the housing industry. he was more details what you need to kno is former fannie mae executive vice president institute fellow. welcome to the show. this is having a huge impact on housing industry, wouldn't it? >> of it were done right, and wouldn't have a huge impact, to be a beneficial. this deduction is outlived usefulness. literally 100 years, so the value of it has declined and declined and declined year-over-year. use the money that you saved to reduce marginal impact bracket which would be positive. melissa: the devil is in that last detail you mentioned, what we really use eliminating it to lower marginal rates or would it be another thing that is sucked out to pay higher taxes. let's talk about how their talk about doing it in with the best way to do it would be, it wouldn't be so destructive to the market. the deduction is up $2 million,
40% of all individuals tax returns. it is a hugely popular deduction for money i mayans of homeownery year. it could be changing in a big way which might have a big impact on the housing industry. he was more details what you need to kno is former fannie mae executive vice president institute fellow. welcome to the show. this is having a huge impact on housing industry, wouldn't it? >> of it were done right, and wouldn't have a huge impact, to be a beneficial. this deduction is outlived...
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Mar 22, 2013
03/13
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no sense that we can reform the tax system and entitlements. perform defense and have a rational rational and reasonable defense. >> why in the world is the president of the united states not moving forward with a budget that would be a blueprint to resolving those proposals? >> the words that seem to be operative here are cowardice or opportunism. it has to be one of the two. >> to do the wrong thing continually is not the act of a coward. lou: are you saying that the president is incapable of doing the right thing? >> i'm comparing how talented this man is. >> why doesn't he apply that? >> you know, that turns out to be laughable. the odds are empirically before him. you know, that is just unreasonable. >> there is another word we are leaving out, which is ideology. the republicans are rightly not going to agree with that. >> i think that when the senate passes a bill, you hammer things out. the one you want regular order. >> that is right. lou: all right, my goodness. i do want you to chat with me about the balanced budget. he does it in fiv
no sense that we can reform the tax system and entitlements. perform defense and have a rational rational and reasonable defense. >> why in the world is the president of the united states not moving forward with a budget that would be a blueprint to resolving those proposals? >> the words that seem to be operative here are cowardice or opportunism. it has to be one of the two. >> to do the wrong thing continually is not the act of a coward. lou: are you saying that the...
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Mar 20, 2013
03/13
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this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as well. neil: craig, this is a concern. if others get a cue from this watch out. >> california is a trendsetter. as a small business owner, my other friends who are small business owners we've been hit with 5 to over 100,000-dollars in fourth quarter of last year in retro active tax, that is job, and investment money and a downer on christmas. now a new one that bureaucrats at franchise tax board are making a decision, it is politicians that are out of control, california is worst with highest tax state, the highest sales tax
this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as...
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Mar 22, 2013
03/13
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FOXNEWSW
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it's a tax break. you should use it for what i call nonessential services. if you're not sick, figure out in advance, what can i use it for? >> neil: prescription -- >> prescription, trips to the doctor when you're not sick. when you're going into the hospital you want your health insurance to kick in. if not, you can use our flex spending account. >> neil: a lot of is just common sense, talking to your doctor. >> you'd be surprised how many people don't. ask your doctor, are you going to take obamacare insurance? medicare and medicaid? half the doctors in the country are not taking medicaid. >> i notice a lot of your colleagues are not dealing with insurance, give you the bill and pay in cash. and. >> you can have a negotiation before you could in. doc, your bill says $400 but maybe you'll see me for 200. doctors love cash. >> neil: what if they cut back on the care? i've never done this with my doctor before. cheap skate, you're going to get half the quality. >> that's the wrong doctor. you don't want to -- >> neil: my doctor's name is -- bombastic. you sa
it's a tax break. you should use it for what i call nonessential services. if you're not sick, figure out in advance, what can i use it for? >> neil: prescription -- >> prescription, trips to the doctor when you're not sick. when you're going into the hospital you want your health insurance to kick in. if not, you can use our flex spending account. >> neil: a lot of is just common sense, talking to your doctor. >> you'd be surprised how many people don't. ask your...
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43
Mar 20, 2013
03/13
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FBC
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eye 43
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ melissa: so we heard the "money" power panel. want to bring in somebody who knows a thing to about big business in this economy. the ceo of landreau stock company that includes the dining entertainment, gaming, and hospitality sectors. he is an industry titan, and he is here with me now. great to have you back on the show. you are reopening one of your restaurants. you are clearly expanding. you must have some confidence and was going on. >> we continne to grow. gaming, hospitality, restaurants . i do have confidence in our great american capitalism economy. at the same time, it is not backward was a few years ago. we live in a great economy. as you can see, restaurants are busy, h
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ melissa: so we heard the "money" power panel. want to bring in somebody who knows a thing to about big business in this economy. the ceo of landreau...
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51
Mar 24, 2013
03/13
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FBC
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john: but they pay taxes and don't collect welfare. >> the cost of illegal immigration last year was $113 billion in spee areas of health care, education and incarceration. john: you don't include the cost of paying taxes and starting google. >> here we are with libertarians the focal point* is limited government chaldean rejected thinking and be careful what you ask for the new push for an -- amnesty because the overwhelming majority is %-dependent. government john: how many are not from the united states? how many would like to be citizens sunday? just a couple. >> we all succeed when they succeed. do we want a skilled immigration yes we need less but it should be skilled. john: that is just half of a @%rcent. >> the city of dallas year after year with. if you have more enforcement which is nonexistent. >> they allow me to go to work every single day. john: on that note we are john: on that note we are out of time are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of op
john: but they pay taxes and don't collect welfare. >> the cost of illegal immigration last year was $113 billion in spee areas of health care, education and incarceration. john: you don't include the cost of paying taxes and starting google. >> here we are with libertarians the focal point* is limited government chaldean rejected thinking and be careful what you ask for the new push for an -- amnesty because the overwhelming majority is %-dependent. government john: how many are...
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Mar 25, 2013
03/13
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stuart: the exchanges will be in place and taxes in place. >> no, the taxes can be repealed. the insurance companies still exist. the physicians still exist. the hospitals still exist and the exchanges, they aren't really going to be ready. stuart: and any attempt to unravel what is already in place would be a huge mess. >> not at all. in fact, it's highly feasible and it will save our health care system. the republicans have a shot at gaining at least six seats, that's all they need to win control and there are going to be 33 senate seats in play, and the republican seats are safe. of the democratic currently democratically held seats, 13 of them are in swing states or red states, republican states. stuart: so your hope is a political revolt. >> there will be a political revolt. charles: and we had this discussion a few times last week and stuart's point to me is once you give somebody something free you can't take it back. by the time the mid terms roll around will it be too late to get the notion out of their heads that the majority of voters we're going to take something
stuart: the exchanges will be in place and taxes in place. >> no, the taxes can be repealed. the insurance companies still exist. the physicians still exist. the hospitals still exist and the exchanges, they aren't really going to be ready. stuart: and any attempt to unravel what is already in place would be a huge mess. >> not at all. in fact, it's highly feasible and it will save our health care system. the republicans have a shot at gaining at least six seats, that's all they...
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77
Mar 25, 2013
03/13
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eye 77
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the increase in payroll tax rates, the rise in high income tax rates, the increase in taxes associated with the affordable care act, obamacare and now the sequester will result in a fiscal drag of about one and three quarters percentage points of gdp in 2013. i view this as an unfortunate outcome. he is predicting a big hit in economic growth in 2014. dennis. dennis: thank you very much, peter barnes. cheryl: this from the treasury on the cyprus situation. growth and financial stability in the euro zone are of importance to the u.s. it is radical to lay the foundation for a return to financial stability and growth cyprus. we will continue monitoring this closely as details are finalized and the agreement is implemented. nicole petallides is back from the floor of the new york stock exchange. nicole: my first thought is, of course, you want to boost the liquidity of the euro zone. at the same time, you are hearing language from washington where they make it seem a little bit more wonderful than it really is. how about all the people that have money that is more than that? if you were on
the increase in payroll tax rates, the rise in high income tax rates, the increase in taxes associated with the affordable care act, obamacare and now the sequester will result in a fiscal drag of about one and three quarters percentage points of gdp in 2013. i view this as an unfortunate outcome. he is predicting a big hit in economic growth in 2014. dennis. dennis: thank you very much, peter barnes. cheryl: this from the treasury on the cyprus situation. growth and financial stability in the...
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Mar 23, 2013
03/13
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FBC
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eye 50
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, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is jimmy fallon getting that has a guy named mitch saying my goodness @ [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. given way to sleeping. tossing and turning have where sleepless nigh
, you are paying this tax. this is just another thing for the little guy who's trying to get by. >> would make a difference if someone shot on amazon? two you you're getting away with something by getting it online. you tax the things you want to discourage. at a time when the economy is struggling? >> i agree 100% with you. there is no creativity at all. >> i like the show even more all the time. [laughter] neil: thank you, guys. thank you very much. in the meantime, what is...
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Mar 20, 2013
03/13
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you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may favor that tax grab. that is my concern. can you dissuede me from that concern? >> i do not like this tax grab. states fund themselves with sales tax. it's the primary way that states generate, revenues for themselves. so we cannot take away the only way they generate revenue. >> some states. >> some, right, but maybe a better way to do it is to collect the tax in the state where the psmall business exist. >> how about that? >> that is what exists now, it's across state lines that we are talking about. >> go ahead. go ahead. pleas
you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may...
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Mar 26, 2013
03/13
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FBC
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finally, 300,000 federal employees of back taxes. if they could pay opec open the white house tours again. thanks for that. we love hearing from you. a quick update. less than that of you have the irs wasted 60,000 of your taxpayer dollars to make a training video parodying star trek. today the original captain kirk, actor william shatner, disgusted so, i've watch that video. i am appalled at the other waste of u.s. tax dollars. the irs has apologized. hilarious. shatner reacts. finally, waste and fraud and abuse. the receipts from joe biden's recent european trip showed just how much was spent on his travels. his staff was not allowed to drive themselves around london. as a result he paid nearly $320,000 to a british limo company and more than 40 and 59,000 for one night's stay in the city. the trip to paris was now much cheaper. 585,000, nearly one-and-a-half
finally, 300,000 federal employees of back taxes. if they could pay opec open the white house tours again. thanks for that. we love hearing from you. a quick update. less than that of you have the irs wasted 60,000 of your taxpayer dollars to make a training video parodying star trek. today the original captain kirk, actor william shatner, disgusted so, i've watch that video. i am appalled at the other waste of u.s. tax dollars. the irs has apologized. hilarious. shatner reacts. finally, waste...
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106
Mar 24, 2013
03/13
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FBC
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eye 106
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and the battle in light night comedy now including tax breaks. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz aler for exceptional offers through mercedes-benz financial services. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.
and the battle in light night comedy now including tax breaks. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz aler for exceptional offers through mercedes-benz financial services. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum...
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Mar 21, 2013
03/13
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FOXNEWSW
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eye 63
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if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's money and go in and tax 10 to 15% of your hard earned money and that's why we brought the resolution to the floor and i asked 30 people yesterday to co-sign it. first 23 signed and seven said send me the information. >> who are the three that need more information. do you out them? >> no, i think the-- i probably would have been one, normally if somebody asks me to sign something on the floor, send it to my staff and let me read it. >> is it bipartisan, any democrats. >> not yet, but i've talked to a few democrats, but i walked down the republican side of the peop
if you're going to tax me 10% i'll take my money out. trust me. >> greta: most think that will never happen here, we don't need to feel like that, but you know, in these very sort of perilous financial times, anything is possible, i suppose. >> in this day and age, you know it is. and when people get their backs against the wall, i ran against the bailouts and now they didn't work the first time and now they need them in europe and you know, saying, we're going to take people's...
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88
Mar 18, 2013
03/13
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FBC
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eye 88
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there would be a 3% tax for deposits under $100 thousand euros, and a 10% tax and 15% tax for amounts larger than 500,000 euros, country central bank declaring a holiday until thursday, when they vote on the plan, this is sparking investor fears at home, joining me now lance roberts, host of street talk live, and xena. partner and cfa, welcome all, great to have you here, lance, i'll start with you, i have to assume some wealthy individuals are having questions about safety of their money, have you gotten any calls, are you expecting any? >> i'm not expecting any but i would not be surprised to see people talk more about this in next few days it is very late tonight anyway it looks like they will preserve the under $100 thousand mark and go after larger deposits, but the question, here in u.s., could it happen here? probably not. but the question is, ha hasn't t already happen with standpoint feds suppressing interest rates, that is the rate less than inflation, negative interest rate it has already happened here. gerri: let's go to xena for a second, a lot of people out there think t
there would be a 3% tax for deposits under $100 thousand euros, and a 10% tax and 15% tax for amounts larger than 500,000 euros, country central bank declaring a holiday until thursday, when they vote on the plan, this is sparking investor fears at home, joining me now lance roberts, host of street talk live, and xena. partner and cfa, welcome all, great to have you here, lance, i'll start with you, i have to assume some wealthy individuals are having questions about safety of their money, have...
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80
Mar 21, 2013
03/13
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MSNBCW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. with tasty grilled flavor and goodness to savor ♪ ♪ friskies grillers blend. ♪ feed the senses. all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. and launch your dreams. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. ♪ pop goes the world [ female announcer ] pop i
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. with tasty grilled flavor and goodness to savor ♪ ♪ friskies grillers blend. ♪ feed the senses. all your important legal matters in just minutes. protect your...
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94
Mar 25, 2013
03/13
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CNBC
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eye 94
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they're paying payroll taxes already? >> of course they should pay their fair share of taxes. are they benefitting from things going on in our society? i think we do them a tremendous disservice when we say, there, there, little thing. we're going to take care of you. you can't do anything. >> it was ronald reagan and jack kemp who supported the idea of the earned income tax credit so people who were poor wouldn't have to pay their money to the tax man so they could use their wealth and use their resources to build their income and become part of the middle class. are you saying you don't support that concept? >> i think you make the system much more complex when you start exempting this group and that group. the fact of the matter is, if we have a fair taxation system, the economy is going to explode. you're going to have plenty of money. if you want to do something for those people in terms of money that you want to give to them or some program you want to make available to them, i'm all for that. but once we start tinkering with the system and saying, let's change it here a
they're paying payroll taxes already? >> of course they should pay their fair share of taxes. are they benefitting from things going on in our society? i think we do them a tremendous disservice when we say, there, there, little thing. we're going to take care of you. you can't do anything. >> it was ronald reagan and jack kemp who supported the idea of the earned income tax credit so people who were poor wouldn't have to pay their money to the tax man so they could use their wealth...
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46
Mar 25, 2013
03/13
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CNBC
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eye 46
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and it was a tax shelter. so that's much more important than the sort of interest rate return that you might get. and these places just don't have strong banking authorities, that's the most important thing. >> hey, rich, do you think any of these really lost any money? there were stories of jets pulling up all week last week. it's all a little cozy relationship with russia, but do you think they lost any money? >> that's a great question. look, we all knew, or people who watched cyprus knew they had a long-term issue here. and there were reports of private jets coming in. but there was still a lot of russian cash that was in cyprus, you know, at the time of the blowout. so i think a lot of russians did take their money out, i think that's one reason we're seeing russians buy so much real estate in the united states. some of that money whether it was going to $88 million apartments in new york, i think some of that money came out of cyprus and people took it out in time. >> the russians are mad, right? they're
and it was a tax shelter. so that's much more important than the sort of interest rate return that you might get. and these places just don't have strong banking authorities, that's the most important thing. >> hey, rich, do you think any of these really lost any money? there were stories of jets pulling up all week last week. it's all a little cozy relationship with russia, but do you think they lost any money? >> that's a great question. look, we all knew, or people who watched...
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Mar 21, 2013
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he neither lived nor died for taxes. in fact he simply said one should discharge one's responsibility to the state by rendering unto sees czar that is which is sees czar, but the purpose and meaning is spelled out by the prophet isaiah. he was pierced for our iniquities. the punment and business his wounds we are healed. he died for the sins of the world, including the lies and the misappropriation of his life by those whose sole purpose is to make money at his expense. thanks so much for watching. chris matthews and "hardball" is next. >>> gunfight. let's play "hardball." >>> good evening. i'm crist matthews in washington. the shooting has begun at the ok corral. uchbt to stop the sale of assault weapons. go for it. joe biden says it's always a chance. the news from the battle is it's gown do background checks, which i hear could go either way. we might end up with the horror of newtown with nothing more than something about trafficking, secondhand purchases, but for all those who care about gun safety, let me repeat wh
he neither lived nor died for taxes. in fact he simply said one should discharge one's responsibility to the state by rendering unto sees czar that is which is sees czar, but the purpose and meaning is spelled out by the prophet isaiah. he was pierced for our iniquities. the punment and business his wounds we are healed. he died for the sins of the world, including the lies and the misappropriation of his life by those whose sole purpose is to make money at his expense. thanks so much for...
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Mar 18, 2013
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those above the threshold pay 9.9% tax. the total revenue raised is expected to hold just shy of 6 billion euros. the rescue package is slated to begin today around 1500 cet. in the meantime, we're getting comment out of russia. seen as perhaps the targeted party here, i should say, with regard to some of the deposit taxes that are being pushed through on cipriot banks. for example, putin via spokesman has apparently called the levy, if approved, unfair, unprofessional and dangerous. european markets are in the red across the board as we've seen today. the ftse 100 down almost 1% and the xetra dax better than 1%. the ibex 35 is down 2%, roughly the same amount for the ftse mib. we can tell you that spanish and italian bonds have risen both on banks and for some of the periphery, showing pressure, as well. here is a look at some european banks. a mix there. on the left, you can see spain. banco santander down almost 4% some some cases. unicredit down almost 5%. moving to the french banks, credit agricole and bnp are showing
those above the threshold pay 9.9% tax. the total revenue raised is expected to hold just shy of 6 billion euros. the rescue package is slated to begin today around 1500 cet. in the meantime, we're getting comment out of russia. seen as perhaps the targeted party here, i should say, with regard to some of the deposit taxes that are being pushed through on cipriot banks. for example, putin via spokesman has apparently called the levy, if approved, unfair, unprofessional and dangerous. european...
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Mar 22, 2013
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this said it will tax the rich and it trickles down to tax everybody. americans have begun to figure that out. cheryl: corporate tax rate. paul ryan 1725%. you think will happen? >> eventually will because it has to because the european average is 25%. or a 35%. obama has raised taxes on subchapter s companies that pay smaller firms and some bigger ones that. the individual rate up to 44%. europe said 25. we're 35 and 44. this is one of the reasons we're not as competitive. as a self-inflicted wound. cheryl: one of the big issues that we will talk about later on is the changes and obamacare affecting taxpayers for next year, 2013 return. i know paul ryan wants to repeal obamacare. that doesn't happen. do you think cut medicare tax, excise tax can be addressed? >> there will be efforts. the house representatives well. the democrats still run the senate. when people complain about congress not being able to do something, you have a republican house, which has passed budgets. past the ryan budget more than once and the democratic senate which until today h
this said it will tax the rich and it trickles down to tax everybody. americans have begun to figure that out. cheryl: corporate tax rate. paul ryan 1725%. you think will happen? >> eventually will because it has to because the european average is 25%. or a 35%. obama has raised taxes on subchapter s companies that pay smaller firms and some bigger ones that. the individual rate up to 44%. europe said 25. we're 35 and 44. this is one of the reasons we're not as competitive. as a...
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Mar 25, 2013
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the tax hikes combined with the cuts will start taking effect at the beginning of the month. >>> and further developments in the jpmorgan london wales case. the u.s. department of justice is in the advanced stages of an investigation into former traders in jp morgan chase's chief investment officers in london. the doj is looking into whether trade is endwaged in criminal misconduct and deliberately mislabeled certain complex missions. >>> and the sales of the latest smartphone for blackberry seems to be a buzzkill. it carried at at&t stores last week and will take bu on verizon's network this week. blackberry is set to report earnings this thursday. >>> anapoly is adding to its list of technologies. wi-fi slam has been added to apple. it helps find locations when they are inside a building. last year, apple introduced its own mapping software to replace google's. the switch resulted in customer complaints and negative reviews to which the apple ceo tim cook has apologized. >>> now, there's still numerous unknowns about the cyprus bailout, including exactly how much depositors will ha
the tax hikes combined with the cuts will start taking effect at the beginning of the month. >>> and further developments in the jpmorgan london wales case. the u.s. department of justice is in the advanced stages of an investigation into former traders in jp morgan chase's chief investment officers in london. the doj is looking into whether trade is endwaged in criminal misconduct and deliberately mislabeled certain complex missions. >>> and the sales of the latest smartphone...
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Mar 26, 2013
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details on the cyprus bailout, the finance minister says the tax on deposits above 100,000 euros could be in the region of 40%. he's also vowing banks will reopen on thursday. stockses are trying to recover. the head of the euro group backtracking after his comments regarding the cyprus temporary plate. said markets are in something of a tailspin. >>> fresh data out today and u.s. home prices could show the sector continuing to claw its way back from recovery. jay you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome back to the show today. kelly is still in brussels. the finance member sister in cyprus says he anticipates the banks will reopen on thursday. bbc radio was told that controls will probably be two tiered and will only be lifted when conditions appear to return to normal. it was suggested that those with uninsured deposits of over 100,000 euros may have to take a hit of around 40 on%. at the same time, ben loskur says he sees no reason for the bailout of cyprus to be a temporary plate for any rescue packages. the banki
details on the cyprus bailout, the finance minister says the tax on deposits above 100,000 euros could be in the region of 40%. he's also vowing banks will reopen on thursday. stockses are trying to recover. the head of the euro group backtracking after his comments regarding the cyprus temporary plate. said markets are in something of a tailspin. >>> fresh data out today and u.s. home prices could show the sector continuing to claw its way back from recovery. jay you're watching...
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Mar 22, 2013
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you mentioned 10% tax. up to 10% that they were looking against consumers to potentially pay for the bailout. i think that has people worried about their bank accounts. the thing here is that you are fdic insured you should be fine. >> the concern is among americans that if a government can go in and take money out of your bank account, that that could end up happening here some day. >> in some ways, heather, you could argue it's already happening here. we don't use the word tax. we don't use the word levy here. >> we don't use the word compensation. maybe we should. >> not getting anything and your costs rupp. low interest rates and inflation. >> keep an eye on this. thank you so much. vera givens great having you. a teenager hiding from burglars inside her own home not able to speak while she calls for help. listen to. this you can tell me you but not open the door? >> we will tell you how this lady saved herself and her family. a mother is furious after discovering her son is learning propaganda about th
you mentioned 10% tax. up to 10% that they were looking against consumers to potentially pay for the bailout. i think that has people worried about their bank accounts. the thing here is that you are fdic insured you should be fine. >> the concern is among americans that if a government can go in and take money out of your bank account, that that could end up happening here some day. >> in some ways, heather, you could argue it's already happening here. we don't use the word tax. we...
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Mar 19, 2013
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they have tens of billions of tax losses they should be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: this is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail. what is interesting is there are lot of attorney general's calling for him to leave office. take a look at these names. the list goes on and on. there is a lot of anti-ed demarco effort out there. will they be successful? >> personally i find this kind of offensive. they put together a settlement that got more money for state governments that actually got foreclosed borrowers. many have been at the forefront of trying to stop the housing market from clearing, stop trying legitimate foreclosures and broad moratorium so this hasn't been about helping them leave. they have been on willing to let fannie an
they have tens of billions of tax losses they should be able to write off and they claim that is paying us back. gerri: that is cheating. >> it absolutely is. the sad thing is, it is allowed under accounting rules as an asset, certainly other banks it is not simply, think it is horrible policy. gerri: this is our money at the end of the day. they should have to repay it, if i owed the government that much money, believe me, i would be forced to repay every single dime. i would be in jail....
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Mar 18, 2013
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you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and unreasonable plan to seize money from bank depositors to pay for the eu bailout. much damage has been done and some investors are so shaken, they will take their money out of the banks at their first opportunity, which is now thursday morning. international monetary fund and central bank are embarrassed, which doesn't solve the insolvency problem. negotiators around 150 nations from new york city trying to negotiate a binding treaty that would end unregulated arms sales. the arms trade treaty president obama now says he supports. the national rifle association promises to strongly oppose that treaty saying it wi
you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq down 11 and a half. the market off of the lows of the day. officials revising the imprudent and...
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Mar 22, 2013
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so are taxes. and small business costs are reducing profits by as much as 65% according to one small business owner we will talk to tonight. and the virtues of a free market capitalism that we talk about every night on this show are now forbidden fruit at stanford university. a popular long running pro capitalist course at that school has now been cancelled. what is up with that? "the kudlow report" begins right now. >>> first up, a major vote in the cyprus parliament helping to get that country closer to a teal with the european union. michelle caruso-cabrera joins us from cyprus again this evening with the very latest. good evening, michelle. >> reporter: larry, lawmakers here in cyprus taking a huge step tonight to prevent the financial collapse of their country. they pass ad law that will allow for the restructuring of their banks. this essentially means their sickest and largest banks will be down sized and made more healthy. this was a key demand by the european partners in order to secure a
so are taxes. and small business costs are reducing profits by as much as 65% according to one small business owner we will talk to tonight. and the virtues of a free market capitalism that we talk about every night on this show are now forbidden fruit at stanford university. a popular long running pro capitalist course at that school has now been cancelled. what is up with that? "the kudlow report" begins right now. >>> first up, a major vote in the cyprus parliament helping...
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Mar 21, 2013
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congressman paul ryan says his budget would balance without raising taxes. senators will vote on both proposals tomorrow. here is a key senate republican on democrat murray's budget proposal. >> significant time that our colleagues have produced a budget, i'm glad they have. but it is a disappointment in the sense that it, in no way, alters the debt course we are on. they claim it is balanced. they have said balanced over 50 times already in this debate. and, yet, that budget does anything but balance. >> i should note the house passed paul ryan's plan today with all republican votes. zero democrats voting for it, shep. >> they didn't wait in the very last second of the very last day. what in the world was wrong with them? >> that's right. they pass the house passed a senate continuing resolution or cr as it is known. the house democratic leader nancy pelosi says it wasn't perfect, but it was important. >> the first vote on the cr was about substance. the second vote on the cr was about keeping government open. we want to remove all doubt that whatever our d
congressman paul ryan says his budget would balance without raising taxes. senators will vote on both proposals tomorrow. here is a key senate republican on democrat murray's budget proposal. >> significant time that our colleagues have produced a budget, i'm glad they have. but it is a disappointment in the sense that it, in no way, alters the debt course we are on. they claim it is balanced. they have said balanced over 50 times already in this debate. and, yet, that budget does...
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Mar 26, 2013
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the winner of that 3$33 million power ball jackpot will take a lump sum payment of $152 million after taxes. not bad. now back to "hardball." >>> welcome back to "hardball." culture wedges have long been used by republicans as we know as wedges to divide democrats. in 2004, for instance, republicans placed a gay marriage ban on the ballot in ohio as i said to help get the conservative vote out and it worked. president bush won ohio by two points. as a result, he won that election in 2000. but now -- he won it after the supreme court helped him. now it's the democrats' turn to use wedges, actually, 2004. wedges issues against republicans. politico reports today "the culture wars are back but this time with a significant twist. the left is picking the fights and for the most part enjoying being on the right side of public opinion." five years after barack obama warned that anxious voters are just clinging to their guns and religion, wedge issues are cutting differently. more to the liking of democrats." wow. i've got our "hardball" strategists here tonight to argue this. former rnc chair, mic
the winner of that 3$33 million power ball jackpot will take a lump sum payment of $152 million after taxes. not bad. now back to "hardball." >>> welcome back to "hardball." culture wedges have long been used by republicans as we know as wedges to divide democrats. in 2004, for instance, republicans placed a gay marriage ban on the ballot in ohio as i said to help get the conservative vote out and it worked. president bush won ohio by two points. as a result, he won...
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Mar 18, 2013
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tax pains. scott from the tax foundation is going to be joining me next as we kick off a week long series on what is sure to be painful. your tax appointment. we'll be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. bottom of the hour, time for stocks now like every 15 minutes. nicole, you are watching jcpenney, stock is jumping, good news for a change for these guys. >> that's right. don't forget long term jcpenney has been under pressure the last 51 -- 52 weeks, we have -- up 9.5% at 1694 right now. a couple stories the the first is that isi is comments on jcpenney, and while they seem that they were moving forward some serious financial problems, isi had another option saying they should isolate the top 300 locations and convert them into an entity, and that is
tax pains. scott from the tax foundation is going to be joining me next as we kick off a week long series on what is sure to be painful. your tax appointment. we'll be right back. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. bottom of the hour, time for stocks now like...
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Mar 20, 2013
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in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try to sell one of the bad banks. and the fact of the matter is if the bad bank were sellable, people like chris flowers and wilbur ross and tim collins would have been here a long time trying to buy it. they said maybe we'll split it up, divide it into the good bank and bad bank. we'll sell the good bank to the russians and the troika said selling the good bank is the easy part. what are you going to do with the bad bank? none of that is going to work. you will hear more about what the hopes are for russia from steve in
in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities....
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Mar 23, 2013
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they talked about a 6% or 7%, 10% tax in cypress. i think inflation is going to take much more than 10% of the purchasing power out of bank accounts all around the world, not just in europe, but here in the united states. i think that's why a lot of savers are pulling their money out of banks, buying stocks, buying real estate. they are buying precious metals because more people realize that if they hold on to the currency and leave it in the bank, it is going to lose a lot of value. shibani: right. talk about the united states, and what we did not see today, peter, was a market reaction to this because the's a belief well, on the one hand, things are going to get resolvedded in cypress. on the other hand, we are the best of the worst markets that are out there. you know, at what point could that turn on us because that -- that scenario can't survive forever. >> well, we're to the close to being the best of the worst. i think weir -- we might be the worst of the worst. it's just that a lot of people have not figured that out yet. sti
they talked about a 6% or 7%, 10% tax in cypress. i think inflation is going to take much more than 10% of the purchasing power out of bank accounts all around the world, not just in europe, but here in the united states. i think that's why a lot of savers are pulling their money out of banks, buying stocks, buying real estate. they are buying precious metals because more people realize that if they hold on to the currency and leave it in the bank, it is going to lose a lot of value. shibani:...
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Mar 24, 2013
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for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance, i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the idea of health insurance. >> chris: i want to go back to your filibuster, in which you argued against the president's drone policy, especially, with regard to targeting of american citizens on american soil. after you would filibuster for 13 hours, you got this letter from attorney general holder, in which he wrote: does the president have the authority to use a weaponized drone to kill an american not engaged in combat on american soil? the answer to that, is no. senator paul, after your filibuster you said you were happy with that letter, but, in fact, doesn't it leave a huge loophole because it seems to me, what attorney general holder is saying, just by implication, or -- is that the president does have the authority to use the drone strike on an american on u.s. soil, who is involved in combat. >> well, see, here's the thing, i have never argued against -- if pe
for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance, i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the idea of health insurance. >> chris: i want to go back to your filibuster, in which you argued against the president's drone policy, especially, with regard to targeting of american citizens on american soil. after you would filibuster for 13 hours, you got this letter from attorney general...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ female announcer ] if you have rheumatoid arthritis, can you start the day the way you want? can orencia help? [ woman ] i wanted to get up when i was ready, not my joints. [ female announcer ] could your "i want" become "i can"? talk to your doctor. orencia reduces many ra symptoms like pain, morning stiffness and progression of joint damage. it's helped new ra patients and those not helped enough by other treatments. do not take orencia with another biologic medicine for ra due to an increased risk of serious infection. serious side effects can occur including fatal infections. cases of lymphoma and lung cancer have been reported. tell your doctor if you are prone to or have any in
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ female announcer ] if you have rheumatoid arthritis, can you start the day the way you want? can orencia help? [ woman ] i wanted to get up when i was ready, not my...
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. >> looking forward to your tax refund? so are identity thieves. they can steal your refund. happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> your identity needs protection. no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> now, remember when rudy giuliani was marco rubio? remember when he was the savior of the republican party? remember when he was going to be swept into the presidency in 2008 by linking every single campaign issue to 9/11? that was actually the same year that fred thompson was briefly the savior of the republican party, until he opened his mouth in a presidential debate, and without that reverse mortgage teleprompter was as slow and lifeless as a potential party savior has ever been. it is very unlikely that republican presidential loser mitt romney will ever find himself in position that his finances are so tight that he has to go pitch reverse mortgages on tv, but paul ryan, marco
. >> looking forward to your tax refund? so are identity thieves. they can steal your refund. happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> your identity needs protection. no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> now, remember when rudy giuliani was marco rubio? remember when he was...
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Mar 26, 2013
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taxes higher taxes on upper income earners and taxes imposed by obamacare the new york federal reserve now says that gdp will be 1.75% lower this year than it otherwise would have been. so some of the president's critics it is a double-standard. >> he wants to say that the sequester is going to lead to economic calamity and then all these other taxes that he should be responsible for as well, he should be essentially held harmless for the economic drag that they may well inflict on the economy. >> in fact the cbo says that the higher taxes will have about an equal impact an the economy as the sequester stepping cuts. ashley? ashley: all right, peter barnes in d.c., thank you so much. tracy: shouldn't be a shocker to anybody. ashley: no. tracy: let's talk more about this. the automatic spending cuts are weighing down on the consumer economic outlook. the consumer sentiment index plunged to their a reading of 59.7, that is from 68 in february. how long will those cuts along with smaller paychecks and of course upcoming tax refunds? hmmm. how will that affect, impact consumers mood and sp
taxes higher taxes on upper income earners and taxes imposed by obamacare the new york federal reserve now says that gdp will be 1.75% lower this year than it otherwise would have been. so some of the president's critics it is a double-standard. >> he wants to say that the sequester is going to lead to economic calamity and then all these other taxes that he should be responsible for as well, he should be essentially held harmless for the economic drag that they may well inflict on the...
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Mar 22, 2013
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lower taxes on rich people, not lower taxes for everybody, right? they don't like taxes, but letting the payroll tax cut expire was in fact their policy. lower taxes in general. lower taxes on richer wealthier americans. cutting social programs. entitlements they go back and forth. medicare they go back and forth. you remember mitt romney and paul ryan ran in the election as they were going to stop the democrats terrible intention to cut medicare, then paul ryan got back into the house and writing a budget he kept all those cuts and added new ones and had more added into this is program. the real shock in recent weeks or real frustration trying to covers the budget debates. republicans cover five issues, they want to cut the budget deficits and cut defense spending and simplify the tax code and lower tax rates. in a deal with president obama they could get the first four, more deficit reduction, protect defense, the democratic president would get some cover in cutting medicare and social security and they could simplify the tax code by taking out ex
lower taxes on rich people, not lower taxes for everybody, right? they don't like taxes, but letting the payroll tax cut expire was in fact their policy. lower taxes in general. lower taxes on richer wealthier americans. cutting social programs. entitlements they go back and forth. medicare they go back and forth. you remember mitt romney and paul ryan ran in the election as they were going to stop the democrats terrible intention to cut medicare, then paul ryan got back into the house and...
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Mar 26, 2013
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very bitter feuding between right and left on everything from cultural issues like gay marriage to tax and spending. in the months leading up to pearl harbor before world war ii the country experienced one of the most divisive periods in our history. it's chronicled in the new book "those angry days." at the time franklin roosevelt was quietly moving towards war sending destroyers to aid britain and signing a bill into law that required men to sign up for the draft. here's lindburg in october 1940 on the mutual broadcasting network. his plea here is for us to stay out of the war. >> the doctrine that we must enter the wars of europe in order to defend america will be fatal to our nation if we follow it. when men are called upon to fight and die for their country, there must not be even the remotest question of foreign influence. >> there he is. foreign influence. that's where he got into trouble. because he talked about the only people that wanted -- it was the madison square garden speech, right? >> right. >> he says the only people that want us to fight are the british, roosevelt adm
very bitter feuding between right and left on everything from cultural issues like gay marriage to tax and spending. in the months leading up to pearl harbor before world war ii the country experienced one of the most divisive periods in our history. it's chronicled in the new book "those angry days." at the time franklin roosevelt was quietly moving towards war sending destroyers to aid britain and signing a bill into law that required men to sign up for the draft. here's lindburg in...
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Mar 19, 2013
03/13
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>> warren buffett pays corporate taxes. >> he himself says he is paying less taxes than his secretary. >> when you look at that and the portrait of the own tax liability. fair enough. >> you take that case up with warren buffett. that's what he is saying. and when you look at sort of where corporate america is sort of profiting and american middle class wages are stagnant, you can't look at this and say that's fair. >> i agree. high corporate profits are a problem. regulation exacerbate that's problem and limits at built of startups to take on the companies. that's why even in mexico taker taking on the version of warren buffett for the very good reason that's the way you get jobs and growth by having more entrepreneurship and more growth and high corporate tax that are biassed towards the ges and buffets of the world is a burden. >> it's a weird argument to say we need more regulation when corporations are sitting on record profits. >> that happens to be true. >> gentlemen, thank you both very much. still "out front," new revelations about the teenage >> i'm willing to, you know, bre
>> warren buffett pays corporate taxes. >> he himself says he is paying less taxes than his secretary. >> when you look at that and the portrait of the own tax liability. fair enough. >> you take that case up with warren buffett. that's what he is saying. and when you look at sort of where corporate america is sort of profiting and american middle class wages are stagnant, you can't look at this and say that's fair. >> i agree. high corporate profits are a problem....
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Mar 22, 2013
03/13
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is there any way around fundamentally taxing deposits they're taxing the population? >> the obvious ways, when you have 68 billion of deposits and you have a failed institution, maybe that's one venue. but the constraint that you see there is that you have to insure the depositors, but ought to be the last one to be paying for that bill. and that is the problem. if you are too punitive of the other 100k depositors, then you hit the financial offshore of the environment. the choice should be obvious to the majority, at least to the european monetary union. >> and most people would assume before depositors were ever looked at as a source of cash, it would be the bondholders that got hit. if cyprus has to raise 67 billion and there's only 1.7 billion in bonds to go after, that won't solve the problem. should they still, though, have tried it? >> i think the natural way to proceed is first feed equity, then junior debt and then senior debt and, last, depositors. and that would very last insure the depositors. so yes, indeed. as you rightly pointed out, it's around 11.7 of
is there any way around fundamentally taxing deposits they're taxing the population? >> the obvious ways, when you have 68 billion of deposits and you have a failed institution, maybe that's one venue. but the constraint that you see there is that you have to insure the depositors, but ought to be the last one to be paying for that bill. and that is the problem. if you are too punitive of the other 100k depositors, then you hit the financial offshore of the environment. the choice should...
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Mar 18, 2013
03/13
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a vote that would tax deposits. they will vote tomorrow. this is an attempt to save the country from vagrancy. the dow is down. oz, the great and powerful one the box office. the movie a sequel to the wizard of oz. i got it. it is a prequel. back in a second. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. stuart: i have some breaking news on the cyprus situation. the banks there will remain closed until thursday. will there be a run on the banks? we do know that europeans are saying they will have enough money in the banks at that time so if you want to get the money out you can. charles will catch up on a beauty retailer. charles: ulta. they beat the street, but the guidance was a little so-so.
a vote that would tax deposits. they will vote tomorrow. this is an attempt to save the country from vagrancy. the dow is down. oz, the great and powerful one the box office. the movie a sequel to the wizard of oz. i got it. it is a prequel. back in a second. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand...
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Mar 20, 2013
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. >>> and michele bachmann is saying president obama is wasting her tax dollars on his family and his dog beau. she said stuff in the past that has no facts to back it up. we wanted to ask where she got her fact this is time. we'll show you what happened when dana bash tracked her down. just when you thought you had experienced performance a new ride comes alo and changes everything. the powerful gs. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. nlove. as americans, we believed we can'tin freedom.person we during the command performance sales event. that's what i fought for as a marine, and that's what we believe in as republicans. freedom means freedom for everyone. i didn't use to understand the importance of same-sex marriage, but after learning my brother was gay i wanted the same rights for him. he was the best man at my wedding and i want to be the best man at his. it's only fair that calvin should have the freedom to marry the person he loves, too. it's time for marriage. google's backyard for the w
. >>> and michele bachmann is saying president obama is wasting her tax dollars on his family and his dog beau. she said stuff in the past that has no facts to back it up. we wanted to ask where she got her fact this is time. we'll show you what happened when dana bash tracked her down. just when you thought you had experienced performance a new ride comes alo and changes everything. the powerful gs. get great values on your favorite lexus models during the command performance sales...
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Mar 21, 2013
03/13
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and "tax pain." congressman john garamendi and how to keep people from fleeing high taxes in his state, the golden state. part four of our series is ahead. >> 25 minutes past the hour. this is your fox news minute. the house passed a senate approved stopgap spending bill to continue to fund the government for six more months. measure passed on a bipartisan 318-119 votes. stopping the shutdown until at least september 30. the bill will go to the president to be signed into law. president obama urging palestinians and israelis resume their peace negotiations while meeting with palestinian president, president obama refused to endorse because t thy and call for settlement freeze. houston is one to stop israeli housing on the stake as a condition for restarting the peace talks. in warning islamic republic will destroy the cities of tel aviv if they are attacked. israel threatened action against iran if it continues its nuclear development activities. they said iran has a national right to enrich uranium.
and "tax pain." congressman john garamendi and how to keep people from fleeing high taxes in his state, the golden state. part four of our series is ahead. >> 25 minutes past the hour. this is your fox news minute. the house passed a senate approved stopgap spending bill to continue to fund the government for six more months. measure passed on a bipartisan 318-119 votes. stopping the shutdown until at least september 30. the bill will go to the president to be signed into law....
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Mar 21, 2013
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the rich, when house republicans paved the way for passage tomorrow of paul ryan's budget that cuts taxes for the rich. that budget, of course, does not include stimulus spending, but a just released gallup pole shows a mere 72% of americans support a federal government spending program designed to create more than one million new jobs. that also has majority support among republicans. freshman republican congressman thomas massey told a roomful of reporters today you know, i'm new here, but what i'm learning is that the budget is just kind of a guideline. we know it is dead on arrival, we know it is a pretend vote. here is speaker boehner reacting to something president obama was cause saying on his arrival in israel today. >> i would rather be heckled than ignored. you only tease the ones you love. >> he is willing to more than tease the ones he love. >> apparently republicans are willing to tease various parts of the base to make them think we have a plan. it is really not much of a plan, it is kind of the part of the problem they don't seem to understand, the policies don't match up w
the rich, when house republicans paved the way for passage tomorrow of paul ryan's budget that cuts taxes for the rich. that budget, of course, does not include stimulus spending, but a just released gallup pole shows a mere 72% of americans support a federal government spending program designed to create more than one million new jobs. that also has majority support among republicans. freshman republican congressman thomas massey told a roomful of reporters today you know, i'm new here, but...
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Mar 20, 2013
03/13
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not the taxes. no corporate or individual income taxes and a franchise tax that tops out at 1%. the great state of texas is definitely attractive. >> building a business is tough, but i hear building a business in california is next to impossible. see why you should come to texas. cheryl: joining me now is former aide to texas governor, craig casselberry. if the governor's message, is it being effective in texas? >> you know, i think it is. we know our formula here has been for many years. i have been around a long time in this state. i think companies, their employees, families, they like that message. it is working. that is why we lead the company and job creation for the last few years. cheryl: many california companies have left the state of california and got down to texas because the costs of doing business is so much lower. you have that corporate tax, you know, that nugget that really brings people in. if you look at the debt station in each state, california does not control its debt. what is texas doing that california needs to do? >> we have a balanced budget amendmen
not the taxes. no corporate or individual income taxes and a franchise tax that tops out at 1%. the great state of texas is definitely attractive. >> building a business is tough, but i hear building a business in california is next to impossible. see why you should come to texas. cheryl: joining me now is former aide to texas governor, craig casselberry. if the governor's message, is it being effective in texas? >> you know, i think it is. we know our formula here has been for many...
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Mar 19, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. for over 75 years people ...with geico... ohhh...sorry!. director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable lahtuger). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at me. don't look at me. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then tr
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. for over 75 years people ...with geico... ohhh...sorry!. director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko...